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Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
The retail aspect of the property is anchored by Whole Foods, Life Time Fitness, Starbucks and Chase Bank. Continue Reading Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
91-Unit Rental Home Community Opens in Edmonton
A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
Mortgage Rates Take Another Tumble
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
Builder Confidence Rises Despite Market Challenges
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
NEWS & CURRENT EVENTS
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
Tony Sertich Named Executive Director at the California Housing Finance Agency
Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of Housing and Community Development. Continue Reading Tony Sertich Named Executive Director at the California Housing Finance Agency
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments
The lawsuit alleges three causes of action: defamation, intentional infliction of emotional distress, and prima facie tort. Continue Reading Floyd Mayweather Sues Business Insider for Defamation in Coverage of Real Estate Investments
Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Redfin blamed the slowing of multifamily construction on a combination of flattening rents and higher borrowing costs. Continue Reading Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
CBRE has been hired to market the roughly 500-acre property for sale. Continue Reading Six Flags to Close Maryland Amusement Park and Sell 500-Acre Property
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
$3 Billion Tokenization Deal Focused on Dubai Properties
The agreement is the largest real-world asset (RWA) tokenization initiative globally to date. Continue Reading $3 Billion Tokenization Deal Focused on Dubai Properties
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The company said its policy shift was designed to provide fair access to inventory. Continue Reading Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Century 21 in New Partnership with The Institute for Luxury Home Marketing
The new partners have launched a co-branded quarterly report that provides market data on the luxury home market. Continue Reading Century 21 in New Partnership with The Institute for Luxury Home Marketing
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